Education and communication priced at $20 in 2000 $26.68 in 2018

Historical Price Inflation for Education and communication

$

Prices for Education And Communication, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for education and communication were 33.42% higher in 2018 versus 2000 (a $6.68 difference in value).

Between 2000 and 2018: Education and communication experienced an average inflation rate of 1.61% per year. In other words, education and communication costing $20 in the year 2000 would cost $26.68 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for education and communication was lower.

In the year 2000: Pricing changed by 1.32%, which is below the average yearly change for education and communication during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for education and communication was lower.

Price Inflation for Education and communication since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1994 (3.87%), 1995 (3.85%), and 1996 (3.40%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Education and communication:

Year 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 85.469 88.777 92.192 95.323 98.438 100.285 101.177 102.508 105.238 107.892 109.785 111.585 113.685 116.769 119.577 123.631 127.393 129.919 131.466 133.844 135.886 137.518 138.209 139.133 136.507 136.769

View price changes for other categories
St Louis, Missouri · Gasoline (all types) · Fish and seafood · Juices and nonalcoholic drinks · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for Education and communication, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 1.32%
2001 $20.53 2.66%
2002 $21.05 2.52%
2003 $21.42 1.75%
2004 $21.77 1.64%
2005 $22.18 1.88%
2006 $22.78 2.71%
2007 $23.33 2.40%
2008 $24.12 3.39%
2009 $24.86 3.04%
2010 $25.35 1.98%
2011 $25.65 1.19%
2012 $26.11 1.81%
2013 $26.51 1.53%
2014 $26.83 1.20%
2015 $26.97 0.50%
2016 $27.15 0.67%
2017 $26.63 -1.89%
2018 $26.68 0.19%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for education and communication, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Education and communication was 102.508 in the year 2000 and 136.769 in 2018:

136.769 / 102.508 * $20 = $26.68

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $26.68 in 2018 (in the CPI category of Education and communication).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Education and communication in 1993. In addition to education and communication, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.